6.05% 24-Month CD at a Nashville CU (MPD)

Jul 20, 2006 - 8:30 AM by Ken Tumin

MPD Community Credit Union is offering high yields on several share certificates. The highest is a 6.05% APY 24-month CD. Others include a 5.79% APY 18-month CD and a 5.53% 12-month CD. All have a minimum deposit requirement of $2.5K.

I had reported on this credit union's high CD rates last March 12. The CD rates have continued to remain very competitive. The rates are changed weekly based on the 13-week T-Bill Discount Rate.

The credit union's field of membership includes employees of many police departments and businesses in Davidson County, Tennessee. See site for details.

MPD Community is a small credit union with two branches in Nashville. It's NCUA insured with about 2,200 members and $12 million in assets.

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